Global Stocks Reach Record Highs Amid AI Boom and Oil Rise
The MSCI All-World index reached record peaks on Monday as persistent demand for artificial intelligence technology outweighed concerns over renewed military strikes in the Gulf. Brent crude rose nearly 3% to $94 a barrel, pressuring government bonds as investors weigh potential interest rate hikes.
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Global stocks hit record highs behind sustained demand for artificial intelligence technology, with the MSCI All-World index rising 0.13%. Markets in Tokyo and Seoul reached all-time peaks despite escalating military exchanges between the United States and Iran. Investors are weighing record corporate growth against energy costs that threaten to revive global inflation.
